Suburb Profile Report for Bundaberg North QLD (4670)

Bundaberg North House: Median price $218,500, Annual capital growth -0.96%, Number of sales 60, Weekly median advertised rent $290

Bundaberg North Unit: Median price $195,000, Annual capital growth -0.49%, Number of sales 32, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Bundaberg North, 4670 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.02%

Bundaberg North,4670 has offered an average of -7.02% return per annum in house price rises to property investors over the last three years.

Bundaberg North, 4670 is offering QLD ‘s 95th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

Property value increases in Bundaberg North have tracked just lower than the QLD average of -0.13% over the last 12 months.

Over the longer term, Bundaberg North has seen property prices show investors a -12.36% return over the last 3 years. This is an improvement over the last 12 months

Bundaberg North, 4670 is offering QLD ‘s 5th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.

Advertised rents are around the $250 mark per week – giving a return of 6.67% based on the median price in Suburb

Metrics i HOUSE UNIT
$218,500 $195,000
-0.68% -14.29%
-7.02% -2.45%
-0.96% -0.49%
$290 $250
60 32
6.90% 6.67%
97.4107142857143 228.380952380952

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5483
Median household income ($/weekly) 736
Median age of persons 45
Median housing loan repayment ($/monthly) 1311
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 670 12.2
    25-34 years 535 9.8
    45-54 years 689 12.6
    55-64 years 666 12.1
    65-74 years 723 13.2
    Others 2201 40.1
    Age Group
    Census Count Percent(%)
    Registered Married 2012 50.5
    Not Married 1632 41.0
    Defacto Relationship 339 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4462 87.4
    Papua New Guinea 95 1.9
    Philippines 41 0.8
    United Kingdom 234 4.6
    Other 84 1.6
    Others 187 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 1.3
    Christianity 3725 76.0
    Islam 29 0.6
    Other Religious Groups 14 0.3
    No Religion 1064 21.7
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 235 12.5
    $400-$599 372 19.7
    $600-$799 266 14.1
    $800-$999 210 11.1
    $1,500-$1,999 164 8.7
    Others 640 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2168 51.5
    Employed, worked full-time 1110 26.3
    Employed, worked part-time 592 14.1
    Unemployed, looking for work 194 4.6
    Employed, away from work 149 3.5
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 303 16.4
    Community & personal service workers 234 12.6
    Clerical & administrative workers 228 12.3
    Sales 213 11.5
    Labourers 311 16.8
    Others 561 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 57 5.9
    Infants/Primary 395 41.1
    Secondary 328 34.2
    Technical or Further Educational Institution 69 7.2
    University or other Tertiary Institutions 85 8.9
    Others 26 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4120 82.4
    Semi-detached, row or terrace house, townhouse 519 10.4
    Flat, unit or apartment 317 6.3
    Caravan, cabin, houseboat 33 0.7
    House or flat attached to a shop, office 13 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 929 45.4
    Rented 596 29.1
    Being purchased 490 24.0
    Other tenure type 30 1.5
    Tenure Type
Census 2011, ABS
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